The Ripple v. SEC case solidified its reputation as one of the most historic cases ever encountered in crypto. Boasting its fair share of dramatic moments, the case is now busy tying up loose ends, fueling speculation about the future of Ripple XRP and its price trajectory.
Despite being embroiled in a heated legal battle with the United States Securities and Exchange Commission, Ripple has not stopped interacting with other industries. The token continued to perform well globally, enjoying incredible attention and loyalty, which ultimately helped it reach stable price thresholds.
As the Ripple case ends soon, here is what its XRP token could soon encounter and be exposed to in the long term.
Also Read: Ripple: Will SEC’s $2 Billion Demand Trigger a Mass Exodus for XRP?
Ripple’s future prospects
As the Ripple vs. SEC case draws to a close, speculation is rife on social media regarding the future of Ripple and its token XRP. The two-year legal battle has been intense over the Ripple proceedings, but it has not stopped the company from growing and expanding its reach.
After the dismissal of the lawsuit, which appears imminent, Ripple could take a vigorous approach to advance the development of its CBDC. The company may soon interact with leading global banks and financial institutions to consolidate its financial prowess. According to an article by Jack Rippler, a notable crypto expert, Ripple has already been forging significant alliances with a “dozen banks” to spearhead its cross-border payments initiative.
Also read: Ripple: will XRP exceed $6? This analyst thinks so
This development could seek credible momentum once the Ripple vs. SEC case ends amicably or positively. Such prospects could also strengthen XRP’s position as one of the leading coins driving global financial procedures with considerable ease and precision.
What’s in store for XRP?
With the current bullish phase of the market in full swing, the season has yet to impact XRP price dynamics. The token notes a gradual rise in price, with minor declines hindering its bullish breakout. According to Jack the Rippler, the analyst predicts a series of positive events for XRP once its ongoing case with the SEC is settled.
The expert briefly outlined the ways in which XRP can gain prominence in the crypto space. Jack the Waver predicts an end to this intense, year-long legal dispute will soon come to an end. He explained how Ripple could amplify efforts to integrate the XRP network with major central banks around the world.
The analyst further explained how XRP is poised for robust institutional adoptions, thereby strengthening its positioning in the market. The token could gain strength as talk of XRP ETFs has also been floating in the crypto space. This development could further boost the future price action of XRP.
Ripple XRP Price for April
With such positive speculations, Ripple is poised to exhibit a bullish price trend soon. According to CoinCodex, XRP may soon break several price barriers to achieve steady price growth.
“According to our current XRP price forecast, the Fear and Greed Index shows 83 (extreme greed). XRP recorded 18/30 (60%) green days with a price volatility of 5.05% over the last 30 days.
reference: watcher.guru